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2019_0318_CCPacket
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2019_0318_CCPacket
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4/25/2019 1:50:04 PM
Creation date
4/4/2019 12:43:23 PM
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Roseville City Council
Document Type
Council Agenda/Packets
Meeting Date
3/8/2019
Meeting Type
Regular
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Attachment B <br />Information Technology Fund (2018 Activity) <br /> $800,000 <br /> $700,000 <br />15% of Budget <br /> $600,000 <br /> $500,000 <br /> $400,000 <br /> $300,000 <br /> $200,000 <br /> $100,000 <br /> $- <br />JanFebMarAprMayJun <br />'18 Rev'18 Exp'18 Cash Balance <br />The Information Technology Fund started 2017 with a cash reserve level of 31%, and fell to a low of <br />11% in February. For 2018, it started with 26% and fell to a low of 15% before improving.In both 2017 <br />and 2018, the cash reserve level dropped by at least 11% before recovering.Again, for this Fund, the <br />cash reserve target level is 10-25%. <br />License Center Fund Cash-Flow Analysis <br />The following graphs provide the financial activity for the License Center Fund for the 2016, 2017, <br />and 2018 (through June). With this Fund’s activity there are a number of anomalies and special <br />circumstances that will somewhat complicate the analysis: <br />License Center Fund (2016 Activity) <br /> $1,000,000 <br />39% of Budget <br /> $800,000 <br /> $600,000 <br /> $400,000 <br /> $200,000 <br /> $- <br />JanFebMarAprMayJunJulAugSepOctNovDec <br /> $(200,000) <br /> $(400,000) <br />'16 Rev'16 Exp'16 Cash Balance <br /> <br />
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